I actually found a site that was documenting this stuff. I forget right now and don’t have time to find it tonight, but there were reports on these same addresses of more sinister stuff than what I experienced. I really do hope that either that site gets more traction or LE follows up at some point. 

jasonb

Reporting the address and documenting the flow of funds was the right move and keeping records strengthens any case even if enforcement lags. Sadly the criminals you encountered are banking on limited follow up from authorities and platform inaction. If anything this reinforces the point that operational security is not just for people with millions in Bitcoin but for anyone participating in these markets.

The pattern of address use and exchange funneling is telling and while the authorities might be slow on the draw it means there is still a clear path that future victims or investigators could act upon.

bitcoin

The Incident

Reporting the address and documenting the flow of funds was the right move and keeping records strengthens any case even if enforcement lags. Sadly the criminals you encountered are banking on limited follow up from authorities and platform inaction. If anything this reinforces the point that operational security is not just for people with millions in Bitcoin but for anyone participating in these markets. 

The pattern of address use and exchange funneling is telling and while the authorities might be slow on the draw it means there is still a clear path that future victims or investigators could act upon.